Learning how to optimize across a high volume of wells is one of the key features of our Production Intelligence Solutions. In times of lower oil prices, reducing the production costs through optimization become more important. When we have a large volume of wells what do we do? Solution: We

What does traditional simulation vs. OspreyData Production Intelligence Solutions look like? With regards to Manual Optimization, for each well, an expert engineer has to spend up to one day to find the appropriate metadata, cleaning other data, entering it into the simulation software and building simulation models. For an unconventional

There are many advantages to automating gas lift optimization, but we’ll discuss just a few here. When considering machine learning approaches, there are too many wells and too few engineers to constantly monitor, analyze, update and evaluate the gas injection rate to establish optimal lift performance. A typical simulation model

The objective of gas lift optimization is maximizing the current output from a well by addressing the relationship between oil production rate and gas injection rate. The key parameter describing this relationship is the marginal increment in oil production rate per unit change in the gas lift injection rate. Under-injection

This webcast replay discusses the emerging AI revolution in Oil & Gas. Our Data Scientist Venkat Putcha (PhD, Penn State) and VP of Client Services Tim Burke will be demonstrating OspreyData’s latest innovations in Production Optimization and the potential ROI of implementing these AI-based solutions across fields and plays. Request

We are excited to announce that OspreyData is sponsoring the upcoming Virtual Professional Petroleum Data Management (PPDM) Brown Bag Luncheon on June 30, 2020. The event is centered around Communication and Data Governance. This event is a virtual event and happens right at lunch time, so feel free to join